Bank
Comerica Bank
18965 Lyndon B Johnson Fwy, Mesquite, TX 75150
Listing Price: $2,319,000
Investment Overview
Marcus & Millichap is pleased to present the opportunity to acquire a ground lease Comerica Bank in Mesquite, TX. The property consists of a 4,070-square-foot, freestanding building that sits on approximately 1.44 acres of land. There are 5 years remaining on the lease with 10% rental increases every five years.
Comerica Bank
Investment Highlights
- Recent 5-Year Renewal | Corporate Ground Lease
- Outparcel to Marketplace at Towne Centre – 4.8 Million Annual Visitors
- Large 1.44-Acre Parcel Along Interstate 635 (156,624 Vehicles Per Day)
- Built-In Consumer Base – 3,700+ Apartment and Townhome Units in the Immediate Area and North Mesquite High School
- Limited Branch Saturation – No Other Comerica Branch Within Five Miles
- More Than 334,000 Residents Within a Five-Mile Radius – Located in the Rapidly Growing Dallas–Fort Worth Metroplex
- Comerica Bank – Investment Grade Tenant (S&P:BBB+)
Exclusively Listed By
Listing Price: $2,319,000
Investment Highlights
- Recent 5-Year Renewal | Corporate Ground Lease
- Outparcel to Marketplace at Towne Centre – 4.8 Million Annual Visitors
- Large 1.44-Acre Parcel Along Interstate 635 (156,624 Vehicles Per Day)
- Built-In Consumer Base – 3,700+ Apartment and Townhome Units in the Immediate Area and North Mesquite High School
- Limited Branch Saturation – No Other Comerica Branch Within Five Miles
- More Than 334,000 Residents Within a Five-Mile Radius – Located in the Rapidly Growing Dallas–Fort Worth Metroplex
- Comerica Bank – Investment Grade Tenant (S&P:BBB+)
Investment Overview
Marcus & Millichap is pleased to present the opportunity to acquire a ground lease Comerica Bank in Mesquite, TX. The property consists of a 4,070-square-foot, freestanding building that sits on approximately 1.44 acres of land. There are 5 years remaining on the lease with 10% rental increases every five years.
Exclusively Listed By
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